US removes Malaysia from currency manipulation watch list, adds South Korea for closer scrutiny.

The US has removed Malaysia from its currency manipulation watch list, recognizing the ringgit as market-driven. This move comes after Malaysia met only one of the three criteria for inclusion in the list, which examines countries with significant trade surpluses and active currency market intervention to gain a competitive edge. The US also added South Korea to the list for closer scrutiny.

November 15, 2024
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